Trump Tariffs Shake Global Markets 🌍💥
The U.S. and EU strike a deal amid rising tensions.
🔹 Trump slaps 15% tariffs on EU cars & more
🔹 EU counters with:
6-month suspension of counter-tariffs
Removal of U.S. industrial goods tariffs
$750B energy purchases from the U.S.
$600B+ in U.S. investments
But here’s the catch:
🔍 The deal is non-binding — no legal guarantees
🔍 Just a political agreement, not a signed contract
What’s next?
📅 Aug 7: New U.S. tariffs hit 60+ countries
📉 Global markets bracing for impact — equities, crypto, energy, and commodities could all feel the heat.
Is this the start of a trade war, or just pre-election drama? 👀